M a r k e t N e w s

East Africa to Start Assembling Vehicles in 2018

Posted on : Monday, 14th December 2015

 Kiira Motors Corporation (KMC) yesterday launched its business strategy meant to establish capabilities for manufacturing vehicles in Uganda with production expected to start in 2018 through assembling.

 
According to Prof Tickodri-Togboa, the minister for Higher Education, Science and Technology, the idea to start making vehicles in the country started in 2007 when a group of Makerere University students and staff participated in Vehicle Design Summit in the United States, hosted by the Massachusetts Institute of Technology (MIT).
 
Prof Tickodri-Togboa said the project has evolved from being an extra-curricular activity under the auspices of the then faculty of technology Makerere University, to a mainstream research and innovation programme.
 
"This proof of concept project started in 2009 with funding from the Presidential Initiative for Science and Technology Innovation Programme," said Prof Tickodri-Togboa who mentored students and presided over the design and assembling of the KIIRA EV which was launched by President Museveni on November 24, 2011.
 
 
The 25-year blueprint launched by Prime Minister Ruhakana Rugunda at a ceremony in Kampala yesterday, seeks to help Uganda achieve Vision 2040 development goals.
 
He said government will supporting KMC until vehicles roll off the assembly line as the automotive industry is expected to open up many opportunities including business and partnership prospects, job creation, and enhancement of life.
 
Mr Paul Isaac Musasizi, the chief executive officer of KMC, said the company's product will include Sedans, pick-ups, crosser-overs, buses and trucks. A Sedan costs $25,000, a Crossover $28,000 and $32,000 for a Pick-up
 
"Production starts in 2018 with 305 vehicles and production is expected to be at full capacity of 60,000 vehicles per year by 2039," said Mr Musasizi. According to the an American- based consulting company, RLE International, that conducted the Kiira Motors Business case, the development of infrastructure is estimated to cost $36m (about Shs121b).
 
Mr Chris Kattalo, the Chief engineer of RLE International, noted that the project is a viable venture with 21 per cent internal rate of return and is expected to be profitable by 2023 posting about $2m.
 
It is also expected to create about 12,671 direct and indirect jobs during the implementation of five phases of the project, starting in 2016. As part of the recommendations, the consultants want KMC to enter the Uganda market and EAC as a Semi-Knockdown (SKDII) manufacture or contract assembly, where it can manufacture vehicles from partner Original Equipment Manufacturers (OEMs).
 
KMC is owned by Makerere University and Uganda Development Corporation. The plant will sit on 100 acres of land situated at the Uganda Industrial Investment Authority's Industrial Business Park in Kakira Town Council.

Source : allafrica.com
Featured Companies
  • KG INTERNATIONAL FZCO
  • MIDDLE EAST BATTERY COMPANY
  • DEERFOS
  • PINNACLE
  • dubaiexporters.com
  • J.K. Fenner Limited

Complete List  

Advertisers in previous issue:

  • Fowlers Parts supply genuine original spare parts
  • Lanfeng machine Co., LTD is a collection of R&D, production and sales of Fuel dispenser and LPG dispenser, gas station equipment of large enterprises in China.
  • Cylinder heads
  • Wheel bearing / Hub units,Water pump bearings,Deep grove ball bearings;Strut bearings;Heavy duty truck tapers;Tensioner bearings
  • Auto Parts
  • GUANGZHOU YIFENG AUTO PARTS MANUFACTURING CO., LTD. is a professional manufacturer and distributor of automotive filters, mainly specializing in all kinds of oil filters, fuel filters and air filters.
  • Leading Dealers,Wholesalers & Retailers Specially For Nissan,Toyota & All Japanese Car Genuine Spare Parts.
  • Our products are widely used and serviced for passenger car,truck,tractor,agricultural & earthmoving machines,stationary & marine engine.
  • A truly global provider of quality vehicles.
  • JNBK Corporation is a trusted leading manufacturer for top quality brakes with a widest range of products covering main applications for Japan, Europe & Americas.
  • Changzhou Guoshi Vehicle Accessories Co.,Ltd. is proficient in vehicle spare parts manufacturing and has involved a lot of capital, time and resources to make us prominent in this industry.
  • Gear Gremlin is a completely new collection of indispensable accessories for motorcyclists, covering everything from a valve dust cap to a chain breaker and riveting kit.
  • Manufacturer of extensive range of clamps, connectors and fasteners.
  • Exporters of Genuine & Non Geuine Parts for Japanese Cars.
  • The Bajaj Group is amongst the top 10 business houses in India. Its footprint stretches over a wide range of industries, spanning automobiles (two-wheelers and three-wheelers), home appliances, lighting, iron and steel, insurance, travel and finance.
  • Fuel Saver
  • Kenya
  • It is the largest manufacturer of Premium Quality Lipe brand clutches for the commercial vehicles in India.
  • Specialized in development, design, manufacture and sale of steel wheel of the truck and trailer and bus,etc.
  • Tyre makers.
  • China Jiangsu Dongxing Auto Decorations Co.,Ltd,established in 1989,the manufacturer of cabin and body parts for truck Mercedes-Benz, Volvo,Scania,Man,Iveco,Daf and Renault.
  • Car garage equipment
  • TOTACHI INDUSTRIAL CO. LTD is an esteemed Japanese company that provides a comprehensive range of lubrication products for commercial and consumer applications.
  • Unique Part Trading L.L.C was formed in the year 1984 registered with Dubai Economic Department and Dubai Chamber of Commerce in dealing with the General Trade License to do the Commercial Activities of the Business.
  • Best Choice International Trade is one of the leading tyre exporter in China, and a major supplier of tyres and engines in Beijing Municipality.
Afrotrade International Marketing, Tel: +971-50-6285684
© 1998-2026 Afrotrade